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police are responsing -- responding. >>> there is a pretty steady rain over parts of the city and also into east bay. we'll take a closer look at it coming up on this last system. second hour of the ktvu channel 2 morning news. >>> good morning, to you. welcome to a brand new day it's wednesday, december 5th i'm dave clark. >> and i'm pam cook. thank you for joining us. steve is here. we've been watching a lot of our live pictures. rain is coming down pretty steady. >> some rain, some no rain at all. things are lighting up. things have been picking up kind of steady around san francisco, and birkly. you can see that line right there. the heaviest looks to be daly city and san francisco. we'll take a closer look at this in five minutes. >>> let's take a live look at the lafayette this is highway 24. you can see traffic moving pretty well there westbound as you make your way to the caldecott tunnel. it is pretty wet out there. we got a lot of puddles. definitely take it easy. this is a look at highway 237. traffic is flowing well in both directions. let's head back to the desk. >>> there
this family an extra $70 a month to spend. john is a maintenance man in jersey city, new jersey. >> are you paying any attention to what's going on in washington right now? >> of course. >> reporter: their $50,000 a year income put them almost exactly in the middle of the american household. if it's not extended those $1,035 more. >> do you have room to cut back? >> no. >> reporter: if the tax cut expires paycheck contributions will go from 4.2% to 6.2%. that's $115 billion a year that would go to deficit reduction instead of being pumped into the economy. heidi sherholtz is an economist. >> it's less money for consumers to spend, that means that the demand for business services will drop, who provides goods and services, workers, so employment will fall. >> reporter: those in favor allowing the tax cuts to expire argue money for social security payments has to come from somewhere. although john says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. >> reporter: might be a jacket. might be those pair of boots that they want to go there and keep warm
there. but first our top story live here at 5:30 a.m. at 30 rock in new york city. and we begin with the latest on the rapidly approaching fiscal cliff deadline of automatic tax hikes on everybody and what appears to be a stalemate in the negotiations. in his first interview since the election, president obama reiterated his demand that any deal must raise taxes on the highest earner. yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. p what i've suggested is let's essentially put a down payment on taxes. let's let tax rates on the upper income folks go up. and then let's set up a proce
or does the company still have room to run? >>> and city, the big slash. knife coming down on 1,000 jobs. the cfo is set to speak about the shake-up right now and we will have the very latest on this very widely held stock which has been moving higher tod today. >>> we have a rally on our hands despite some downward pressure in apple. two of the biggest names in the most widely held stocks around, citi and apple topping the news this hour. headlines aren't good. apple right now is down about 4%. back in bear market territory, down 22% from their historic intraday high of $705 set back in september. right now shares are trading at $551.33. bob pisani joins me on the floor of the nyse. it started with this idc report citing the fact that they would lose their dominance in the tablet market in probably the next couple of years, and then the margin requirement story. >> it is a little complicated. i just want to address this issue first of the rally that we've got because i think that is sort of what's moving the overall market. there is some vague talk in washington that there may be some r
to the news live at 5:30 here at 30 rock in new york city. this morning, president obama departs to pennsylvania where he will continue his campaign sales pitch on how to solve the country's fiscal challenges. yesterday treasury secretary tim geithner met with republicans to unveil the white house's budget proposal which includes $1.6 trillion in new tax revenue over ten years as well as $50 billion in additional stimulus spending. with limited details on spending cuts, the gop's reaction, less than encouraging. senator mitch mcconnell reportedly burst into laughter while geithner was in the middle of outlining obama's plan. and house speaker john boehner who described his phone call with the president wednesday night as disappointing was not impressed by the white house proposal. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president and congressional democrats to tell the american people
in a midwest city with no major rivers or lakes nearby. former republican senator allen simpson has a message, use the tools to sign up people for the can kicks back campaign to avoid the fiscal cliff and cut the national debt. the 81-year-old simpson went "gangnam style" to make his point. ♪ >> i have a bum knee. horse, horse. ride the horse. >> senator, thank you for that. and that's your morning dish of "scrambled politics." and now for a look at your national weather, let's turn to bill karins. he has your weather channel forecast. >> the best part is the underwater robot for a place that doesn't have water. >> maybe it's a pool. >> yes. >> and they need to inspect it. >> counter-terrorism measures in the backyard. you never know. good morning, everyone. getting out the door this morning, it's very cold up in new england. tell you what, the lack of snow is really becoming a slightly alarming especially if you have any interest in snowy weather recreation or skiing or ice skating or maybe you like to go snowmobiling. the northern half of the country is sparse. 7% of the country has snow
degrees in rapid city and seeing temps around 20 to 25 above average and areas of south dakota, 35 degrees above your average, very warm temps there and we still have our problems across parts of the west and the next storm moving into northern california and this one is a very strong one. very significant rain will fall here, some areas eight inches of rain and a lot of the rivers in central california concerned about flooding for today and tonight. and this storm storms by tomorrow, and another one comes in on tuesday, wednesday, lingers a little into thursday and then dry things out and this is the most potent of all and mostly rain, another warm system, but a steady stream of tropical moisture and it will bring light showers throughout parts of the ohio valley, to the great lakes, tonight and this afternoon. and behind it, temps are going to warm up a lot. in fact, today, the temps are extremely warm, across most of the country and pretty much the entire country is above where your average temps are this time of year and tomorrow, we'll see this heat builds further, getting to 61, dlee
: the city of detroit running out of time and money. all options are on the table. rick jones joined those with his plan to save the city. he is calling batman. ♪ you know how painful heartburn can be. for fast,ong lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon® melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange. lauren simonetti is standing by. footwear and apparel company genesco deep in the red today. >> yep. down nearly 8% the problem was the start to the four. their november comps down 4%. one of the reasons was superstorm sandy affected business. so they're off to a slow start for the current quarter. as for the third quarter just wrapped up, really solid numbers. profits rose by 57% in q3. they raised their numbers for the full year but genesco obviously a big loser today. back to you. melissa: thanks so much, lauren. lori: president obama finally lit up his plan for
and new england as well and in the big town of new york city. too shy ofg. 10 shy in maine . portions of the northern plains. there goes my ride . 50s in dixie land and portions of the gulf coast. i am glad you asked. next map shows you on thursday. almost 60 in kansasy city. temperatures in the cents in texas and gulf coast down through florida. 42 will be the high temperature here in new york city. smeeking of new york city. live on our plasa. we did this last year and they are back again. say hello to reverend rob shank with faith and action. we have a live nativity scene. >> you do. it is the same one that played out in front of the united states can supreme court. we are sending a powerful message to washington d.c. and doing it here in new york. >> steve: what are the thrings. >> how was the reception. >> it was very good. people streamed out of all of the federal buildings and we get idea that supreme court justices get a glimpse of we have stantial rights and that includes faith and freedom of speech and assembly. while this is the real reason for the season, we have to exerci
subjects completely because this is sort of the provocative headline. new york city mayor bloomberg called hillary clinton and said you should be my successor as mayor. how do you think that conversation went? i think being a mayor of new york city gives you an opportunity to imagine things that are possible but not in real life. i can imagine how hillary clinton would be enticed to take on that smaller stage after her staging as the nation and the world for the last decade. >> jim, i wonder if she was flattered by it or thought to herself, i'm on the world stage here. why would i go and become mayor of new york city? >> i mean, everything i've read about sect clinton suggests that she's looking forward to a break at the end of this year. i don't think running for mayor is very conducive to that. it's not my idea of a relaxing time but i may be wrong. >> people are joking that mayor bloomberg looks tired. it's a big job. but the one thing she's been consistent about, she needs to sleep a little. great to see you. jim, thank you as well. >>> meantime, the u.s. navy is denying iran's claim t
the cleanup efforts. in new york city, they're living in third world conditions, raw sewage continues to flow into water ways. thousands still have no power and direct subway service is not expected to return into the middle of next year. >> we were up to five feet of water. it was not water but it was all cesspool so it was sewage water. >> how much can a body tank. >> blankets, two socks three sweaters and gloves. >> they have got garbage they're cleaning in other areas and putting it on the beach here, yet we have still have garbage here. >> it's the way life is. >> jennifer: thousands of volunteers have flocked to the rockaways to help with the cleanup efforts tonight coming from new york, dr. sabaya, welcome to the war room. >> i'm having difficulty hearing you. >> jennifer: i can hear you, just a little bit faint. >> a little bit faint. hopefully they can turn up your microphone because you have important things to say. >> yes. >> jennifer: you spent a year doing development work in rural afternoonafrica. how surprised were you by the conditions on the ground in new york city. >> i was
video like maybe some snowflakes or santa. regina, pick city of the day. picks, picks, picks, and that is it for today. >>neil: have you seen this? call it a town brawl, one month after sandy hit, the victims are having it out. >> homeowners insurance cost -- offered me $150. what can i do with that? what? what? i need your attention. okay. we need to rebuild. i don't want did leave my house. it is not a house, a home. >> i have mold and he is telling me to avoid, where am i supposed to goes i have gone to fema, to the sba. >> when you go home and get to celebrate if a nice warm house, i have no electric trip, -- electric or sewage but the city comes and the inspector says it is okay to live in. a joke. a joke. you wonder why people are mad? we the middle class and we are getting nothing from fema. they go around in a circle. deny. deny. deny. deny. deny. deny. deny. it is a joke. >> now it is out of control. the fuming still over fema. >> welcome, everyone, i am neil cavuto, done but not out. today, speaking out. victims of super storm sandy still without heat. it will witho
-suicide. the mother of belcher talking about what her son did after he killed his girlfriend and what the kansas city chiefs say they knew about his problems before he shot himself in the head. manhunt in times square for the guy accused of pushing a passenger in front of an oncoming train as witnesses stood in shock. >> you know, you almost heard like a thud. >> tonight, the horror that has shaken new york city. >> but first from fox this tuesday night, the world has just cranked up the pressure on syria. one day after the white house warned syria against using its chemical weapons, nato allies issued a similar message today saying that such action would not only be completely unacceptable but a clear breach of international law. hours ago white house press secretary jay carney says he thinks syria's leaders have gotten the messages. >> it's hard for me to imagine that they are not fully aware of the seriousness of the president's position on this, the seriousness with which we would take the prospect of the use of chemical weapons. >> shepard: u.s. officials say they have recently spotted the syria
an exclusive interview with john boehner. >> heather: new details on a murder-suicide in kansas city reportedly involving a football player for the kansas city chiefs. police say that 25-year-old ja vochb bel cher shot his girlfriend and drove to the stadium and shot himself in front of the general manager. elizabeth pran is live with more on the disturbing story. >> after four successful years with the kansas city kheefgs, police say 25-year-old that he shot and killed himself before the coach and general manager right outside in front of a training facility. this shortly after police say he shot his girlfriend multiple times at a home only five miles from the stadium. police have not released the identity of bel cher's girlfriend nor have they confirmed that the woman's mother and toddler were at the home at the time of the shooting. second shooting caused the whole facility go on lockdown and the community is digesting what happened. >> we're talking about kids that are 25 years old playing in circumstances that most of us would never dream of and living lives in fish bowls. sometimes it bec
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
, that was from a detroit city council member. detroit runs out of money very soon, this is a call, publicly, for an obama bailout. so, who is next? california, illinois, good question. raise tax rates on the rich or no deal. yeah, the line has been drawn again. president obama says america is poised to take off, but only if the republicans agree to tax the rich directly. he will only accept higher tax rates. how will speaker boehner respond to that? he speaks within the hour. and how about this, top anchors at a news network visit the white house for a cozy chat with the president. tell us, mr. president, how can we sell your tax the rich policy? citigroup, 11,000 jobs gone. "varney & company" about to begin. having you shipy gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ me announcer ] break from e holiday stress fedex office. >> we'll begin with sad news. dame elizabeth mother of news corporation chairman and chief executive rupert murdoch died at age 103. news po
-cost printing. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get c
. the city of pleasant hill is one of many places where people can fill up sandbags for their homes and businesses. this man told us he wants to be prepared because it's not just one day of rain but several in a row. for areas where you can pick up free sandbags. go to ktvu.com. >>> a car pile up left one car on top of another. it happened just before 3:30 in the northbound lanes at the capital expressway off ramp. it's not clear if the crash was weather related but the road was wet at the time. one person suffered minor injuries. >>> your friday morning commute could be bad or really bad depending on the speed and timing of this storm. amber lee is live now in marin county where she's been asking road crews what they've been doing to prevent problems on the roadway. >> reporter: it's quite windy out here. we're by the lucky drive expressway. an area that likely gets flooded with the storms. we spoke to a tow truck driver who says he expects the calls to double with the heavy rain. >> with the heavy wind we've been having, the water tends to back up a little bit -- a little bit mor
across the city and from the u.s.. how will this man affect billions of dollars and the war on drugs that playinged our border state. fox journalist on the ground inside of mexico . also, severe weather, taking aim at millions of merrence on the west coast, meteorologist calling it an atmospheric river and triggering a vicious storm and what is that? and how long will it last? >> i am harris falker we start with thecene ending with a nfl player taking his own life outside of a practice facility. kansas 73 line baker vaconkilled his girlfriend and then drove to the stadium and took his life in front of the coach. >> kansas city chiefs and player coaches and fanc are all in shock. look at this video, everyone is talking about the terrible murder-suicide involving javon belcher and his girlfriend. shortly after 7:30 this morning, belcher shot 22 year old casassdra perkins at their home. perkins later died in the hospital . 10 minutes later, belcher, a starting linebacker drove to the chief's practice facility and pulled out a gun and fatally shot himself in front of the chief's head coa
'm deborah feyirik. a sad day in football as we speak, kansas city chiefs playing their nfl game despite the death of a team members. line blacker joyan belcher shot his girlfriend and then drove away and shot himself. it, what are you hearing? what are investigators learning? >> well, they have offered few inclu clues as too what led up to the horrific morning here in kansas city, but police did say that they had had no previous reports of disturbance calls at the home where jovan's girlfriend was shot yesterday morning, but there were some arguments in the morning leading up to it. a lot of preliminary work being done today, but the game where the kansas city chiefs were playing went on as scheduled. in fact just moments ago, in the stadium behind me, arrowhead state of mind in kansas city, they actually won the football game, 27-24. actually the team's radio broadcast of the game, you can hear the announcers voices talking about just how emissional this day has been, instead of coming just a short time before this game was played, the decision was made to carry on with the game, obvio
from kansas city police about the murder-suicide involving nfl linebacker javon belcher. we'll have the update and an emotional scene in the locker room after his team's victory last night. >> for having to deal with what we had to deal with and be able to pull through it and show some character as an organization. >>> plus, the interesting title senator john mccain gave senator kerry a couple of hours ago at an event. we will play you the exchange. >>> it's the hillary clinton tribute video creating a lot of political buzz today. >> you've been one of the best secretaries of state in american history. finally, hillary, a lot has been said about our relationship, and here's what i know. you haven't been just one of my closest partners but a great friend. >> you can join our conversation on twitter. find us @tamronhall a anand and @newsnation. ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. a
a great time everyone. >> hello everyone. at this hour we are following breaking news out of kansas city, missouri a 25 year old nfl player was involved in two shootings. the nfl stadium is in lock down. we'll go live to elizabeth. >> yeah, uma, we know that 25 year old kansas city chiefs player died of a self inflected gunshot. police have not released the name because the incident is under investigation. they do say the shootings are connected and happened within five miles was each other. first neighborhood in kansas city . the second shooting happened in the teams training facility near the stadium which is why the facility was on lock down and continues to be on lock down. here is a spokesperson from the police department. listen. >> when we arrived, a lady came out and said her daughter was shot by her boyfriend several times inside of the residence. we got a call in regard to the person in the parking lot with a handgun. the black man talked to the coaches out in the parking lot and as officers pulled up and they heard the gunshot and the individual took his own life. >> we have h
stories trending. kansas city tragedy. the new push for israel settlement plans. fiscal cliff blame. nasa's decision on doomsday 2012. . and kim kardashian sparks a proprotest. >>> we have new chilling details in the tragedy that stuns kansas city. they are prepping for gameday just 20 24 hours after a suicide. tom chong is live where this tragic story ended. tom, good day to you. there what's it like there? >> reporter: it is subdued. we stopped at the tailgating activities. there is tailgating going on but the mood is heavy. just 24 hours ago when belcher pulled out a gun is and shot himself. that event left this team in shock. shots rang out at this home, the victim 22-year-old cassandra perkins. >> when we arrived a lady came out and said her daughter had been shot by -- she died a short time later. belcher shot perkins following an argument. the two were parents of a 3-month-old baby. just 10 minutes after the murder, belcher was next to the stadium with a gun talking to his coach and general manager. he thanked them for what they did for him. then pulled the trigger. >> as off
ahead. we'll have joe linta, agent for the kansas city chief es linebacker jovan belcher, remember he tragedy took his own life after shooting his girlfriend over the weekend. connecticut democratic senator richard blumenthal will be ining us. we'll have republican congressman from florida, connie mack, and california republican mary bono mack joining us as well. and former commerce secretary carlos gutierrez, tiki barber is with us, as well. "starting point" begins right now. good morning, welcome, everybody. our "starting point" this morning is those pacific storms in northern california. third one in five days from san francisco to sacramento, floodwaters and fierce winds have been knocking out power to thousands of people. some people who lived in the areas for decades say they have never seen anything like this. >> thing just went up fast. >> we've had previously where it's gotten up real high but hasn't gotten this bad. >> do you live right here in the park? >> right here. >> right here? yeah, right there. i got my mom out. i took her down to a friend's house down the street bec
searching for a motive after a murder-suicide that rocked the national football league. the kansas city chiefs reeling after police say linebacker jovan belcher killed his girlfriend then drove to arrowhead stadium and took his life in front of his coach and manager. martha: despite this tragedy. kansas city managed to play their scheduled game and as you would imagine it was a very emotional day for the players and the teams and the families and fans. after the game this is the scene. you can see the players alternating there. the teams gathering together as they huddled in prayer at mid field. >> we are grieving for all involved. it's tough when a circumstance happens, you can't undo them. so you have to rely on each other, rely on your family and friends and rely on your faith. that's what the team tried to do today and we were able to do that and work our way through the tragedy. >> the police investigation goes from here. it's hard to imagine how that team could witness a player suer suicide and take the field the next day. >> the head coach and gh have talked to police about it bu
. it destroys innocent lives. this was one of the worths in our city's history. in 1989, a woman was brutally attacked and raped jogging in central park. five black and lieu teen know teenagers were arrested and charged, convicted and spent years in prison. the real assailant confessed to the crime in 2002. it was a complete and total failure on the part of the justice system and media. this is the subject of a movie currently in theaters. >> i look back at the jogger case and wish i'd been more skeptical as a journalist. a lot of people didn't do their jobs. reporters, police, prosecutors defense lawyers. this was a proxy war being fought. these young men were the proxies for all kinds of other agendas. the truth and reality and justice were not part of it. >> joining me now was one of the directors of that film and perhaps the document arian of our time, ken burrs. it's an honor to have you here. >> thank you. it's my pleasure. >> how did you find this case and dive into it and what do you hope we take away? >> i found it through my daughter sarah burns and her husband, a filmmaker that i'v
off a new york city subway platform. davis was arraigned last night on a second-degree murder charge. police say he pushed 50-year-old ki-suk han on to the tracks and into the path of an oncoming subway train. >>> internet security pioneer john mcafee could be deported to belize as early as today. guatemalan officials detained mcafee yesterday. they accuse him of entering their country illegally. he turned up in guatemala on tuesday after disappearing from his home in belize. police there want to question mcafee in connection with a murder, his neighbor's murder. he says he is innocent, but that he went into hiding because he feared persecution by police in belize. >>> the duchess of cambridge has discharged from a london hospital. she is nearly three months pregnant and was being treated for acute morning sickness. she was smiling when she left the hospital this morning with prince william by her side. kate is headed to kensington for a short period of time of rest. she looks good. >> she does. >>> and some familiar faces leading the field for the 55th annual grammy awards. kanye we
tapes and the alleged murder/suicide involving kansas city chiefs play er javon belcher. >>> and there's no plan to keep us from going over the fiscal cliff. broken record, broken record. i'm christine romans in today for john berman. >> and i'm zoraida sambolin. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> white house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. the
] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. [ ♪ theme ♪ ] [ music ] >> broadcasting across the nation, on your radio, and on current tv this is "the bill press show". >> bill: all right. president obama has lunch with mitt romney and does not offer him a job. good. what do you say? good morning, everybody. guess what. it is friday ♪ hallelujah ♪ >> friday, november 30th. no matter what month it is. no matter what friday is, we love our fridays here around the full court press. ♪ hallelujah ♪ >> we know you do as well. we are not going to let you get into the weekend before we bri
. that's healthy skin for life. only from aveeno. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >>> good morning, i'm christine romans. u.s. stock futures, they're up slightly this morning. we've got a lot of worries about the fiscal cliff. which is more like a fiscal tip in washington right now. markets finished up a bit yesterday but they had come off the day's highs because of comments from house speaker john boehner about the fiscal cliff negotiations. i think he said you guys got to get serious. pretty serious about his criticism of the white house. bonuses for executives shutting down hostess. that's right. a u.s. bankruptcy judge approved $1.75 million in incentive bonuses yeste
time adjusting to losing the election. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. >>> mike huckabee and her herman cain are very upset that bob costas told the truth about gun violence during a football game. that's during the rewrite. and i'm going to do something at the end of the show that i don't quite know how to describe. stick with us. we'll figure out how to describe it. why did i switch to natural instincts? it's healthier, and the only one clinically proven. with aloe, vitam
in a murder investigation is tracked down. an arrest is made in the murder of a man pushed off a new york city subway platform. and we'll get a view of earth like no other when the "cbs evening news" continues. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. of using toothpaste to clean their denture. but dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleanin
. >>> and a memorial service in kansas city for javon belcher, the football player who committed suicide on saturday after killing his girlfriend. the chiefs had an early practice wednesday so his teammates could pay their last respects. they say they wanted to remember him as a man, not a killer. >> you've got to try to deal with it however you deal with it and grieve, you know, the best way for the individual. and i think the best way for us as a team is to get closure and move on and find some way to focus on football. >> belcher shot 22-year-old kasandra perkins. her funeral will be tomorrow in texas. their 3-month-old daughter will get more than $1 million from the nfl collective bargaining agreement. we'll take a quick break on a thurps morning. >> when we come back, cutting breast cancer deaths. how a long term use of a drug can have benefits for patients. this is the "cbs morning news." news." [ male announcer ] sponges take your mark. [ female announcer ] one drop of ultra dawn has twice the everyday grease cleaning ingredients of one drop of the leading non-concentrated brand... to clean 2
jobs are in consumer banking. the move comes less than two months since a shakeup at citi ousting former c.e.o., vikram pandit. he was succeeded by michael corbat. the bank nearly collapsed during the crisis and ultimately received bailouts totaling $45 billion, money that citi has since repaid. roben farzhad has long watched the changes at citi for bloomberg "businessweek" and joins us again tonight. roben, welcome. today we heard that stocks soared on the news of these layoffs. what does that tell us about what was going on at citi? >> it's sad, actually. citigroup is know-- you could say the financial crisis is over but in the throes of an existential crisis. it doesn't know what it wants to be. investors have been clamoring for a while for citigroup to simplify, to shed payrolls, to be good at something. it does everything, but it isn't market leading, necessarily, in any one category. and by and large, they got the layoffs, at least the beginning round of layoffs that they wanted today. >> ifill: we know many of these layoffs are noin the u.s., but i assume part of the relati
, really? and the debate on guns front and center. that murder-suicide involving the kansas city linebacker brings on the call for gun control and the possibility of head injuries in football and drugs and alcohol. all right, everybody, monday morning, "varney & company" about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba ding the great rrier reef with sharks, or jumping into the marke he goes with people he trus, which ishy he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what haens, which isn't rocketcience. it's just common sense, from td ameritrade. well, having a ton olocations doesn't hurt. a santa to boot! [ chuckles ] rigight, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. and waiting in line. i don't have to leave my desk and get upnd go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. stage for all
live to the white house for that. also, as the city grieves over an nfl player's tragic breaking point, new debates today about gun control and domestic violence. you'll hear both. but first, the u.s. has long believed syria has a huge stockpile of chemical weapons. now new concerns that chemical arsenal is on the move. secretary of state hillary clinton today issuing another stern warning against syria, using these weapons. the syrian foreign ministry quick to respond here saying it would not use chemical weapons against its people if it had any, but this announcement as turkey is sending warplanes to its border with syria after the syrian military bombed a nearby town of ras al-ain. you can hear that and see the smoke. this is the turkish side of the border. this is fueling more fears that more of syria's violence will spill into its neighbor to the north, being turkey. security concerns are prompting the u.n. to announce it is pulling nonessential personnel out of syria. want to bring in fran townsend, our cnn national security contributor and member of the cia external advisory com
at 3:00 in new york city we met the family that held one of the winning tickets to the record-breaking $588 million powerball jackpot. cindy hill bought the ticket in dearborn, missouri, population 500, half hour north of kansas city but she held off on checking the numbers. >> i didn't find out until the next day after i took my daughter to school and i want by to sigh the numbers. i got back in the car and i didn't have my glasses and i was, like, anying is that the right number? is that the right number? i was shaking, i called my husband and i said i think i am having a heart attack. >>shepard: i want a divorce. her husband, a mechanic, said he needed to seat winning ticket. who wouldn't? they live in the show me state and the six-year-old daughter says she wants a pony. >> remember early this year a woman in maryland claimed she won part of a record-breaking mega millions jackpot and appears in a news conference with a sweet swine hat on her head. more winners from the drawing will step forward. remember, lottery officials say a store in arizona also sold a ticket with wi
and then drove to the kansas city chiefs stadium and killed himself in front of his coach and general manager. the two had reportedly been arguing frequentbely before the incident. >>> police in miami say the driver that caused a deadly bus crash there was not familiar with the area and drove in to a concrete overpass. two men were killed. federal records show the bus company, though, does not have any violations for unsafe driving. aides to former president george h.w. bush expect him to be released in the coming days. bush 41 is in stable condition at a hospital in houston where he is being treated for a cough related to bronchitis. those are the top stories right now. back to you. >> shannon: peter, thank you. >>> u.n. ambassador susan rice is on the short list to replace secretary of state hillary clinton. but it would be controversial choice for obama, one that key republicans say they plan to block. here for a former balanced debate. editor of chief of the washington free deacon. gentlemen, welcome. >> great to be with you. >> shannon: does president obama really want susan rice under o
continues. >> heather: david lee miller, thank you. >> gregg: kansas city chiefs taking the field one day after losing one of their own. he killed his girlfriend before heading to the stadium when he killed himself right in front of the head coach and general manager. he reportedly thanked them for giving him a chance in the n.f.l. before pulling the trigger. police have not yet released a possible motive for the murder-suicide. he and his girlfriend left behind a 3-month-old girl. >> heather: west coast bracing for major flooding after severe weather brings more rain to an area already drenched. people in some parts of california are preparing for the worst filling sandbags as some rivers are expected to go over their banks. dominic is streaming live from petaluma, california with the latest. >> reporter: clear sky above me, 12 hours ago it was for en shl rain. that rain is in the ground and we're expecting it to come town streams and hit major river ways. napa valley, city of napa was expecting a crest of at least two feet to rise above the flood stage. back in 2005 the city of neep was
in the murder-suicide case involving kansas city chief jovan belcher. the reports are that he spent an alcohol-fueled evening with another woman before he went home and got into that fatal argument with his girlfriend. a woman named whitney glass claims she had dinner with belcher and he spent the night in his car before headed home at approximately:00 in the morning. police say he got into a huge argument with his girlfriend and shot her 9 times. then he drove to arrowhead stadium, spoke to his coaches and took his own life. bill: belcher's family and teammates saying they are shocked and did not see such a brutal turn of event coming the way they did. >> maybe you can keep this separate and move on with maybe it guy you knew before saturday. i think there is maybe some comfort in that. but trying to figure it out and trying to connect those two to me is pretty confusing and just too difficult right now. >> you can't think back -- it what you so shocking i don't think anyone would have done anything different. bill: you wonder about the 3-month-old baby in the custody of perkins' mother who m
of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> in speaking to a business round table in washington this morning, the president praised on entrepreneurs for their innovation and the
close down the biggest city in the country for a week and the new jersey coast, we're not talking about handouts here. we need to rebuild tunnels and bridges and highways and roadways. you would think that would be above partisan bickering. >> it's been said before, al, we're still driving on eisenhower's highways and going to roosevelt's schools. you know, 60, 70-year-old things, we've got to rebuild this infrastructure. it will put a lot of people back to work. you're right on targetzez that. hurricane sandy showed that more clearly than anything else. >> senator tom harkin, thank you for your time tonight. >> thank you, al. thank you for your leadership. >>> up next, what does america look like? here's hant. it's not the republican party. you'll want to hear what nancy pelosi had to say about this picture. >>> plus, the great rosie perez is here. actress, director, activist. she'll talk about change and progress after the election. stay with us. welcome to chevy's year-end event. so, the 5.3-liter v-8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer powe
of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and psonal attention. which is why we arare proud to parer with healh care professionals who understand the difference that quality time with our members can me... that's a very nice cake! ohh! [ giggles [ le announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals w helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... whh means better health outcomes... and more quality t time to she with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ lou: treasury secretary today said t
that rebels surround the city of damascus which has been an assad stronghold. secretary of state hillary clinton says that bash ar al assad is assad-of- could use chemical weapons to hold on to power and told cbs news, not clear she can negotiate an exit pnd tends to recognize the syrian opposition as the representative of the syrian people next week. that could start to pave the way for them to create a new government. >> very interesting. margaret brennan, thank you noor. >>> in washington this morning, just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be
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